Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
When news of Solomon’s bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post. “Of course, that is where our money went.”
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
The boost, to $39 million for 2024, makes the CEO the best-paid among the top six U.S. banks. Goldman is also tying four executives’ pay, to a degree, to the banks’ efforts connected with private credit.
The 8.3% boost in compensation – after JPMorgan reported record profit – puts Dimon’s pay on par with that of Goldman Sachs CEO David Solomon.
Traders at JPMorgan Chase, for instance, have never had a better fourth ... according to Pick and Goldman CEO David Solomon. Morgan Stanley’s deal pipeline is “the strongest it’s been in 5 to 10 years, maybe even longer,” Pick said Thursday.
Jamie Dimon reaffirmed JPMorgan's DEI commitments after pressure from an activist shareholder.
Some of the other senior executives at the bank also saw their compensation rising by between 4% and 21% in 2024.
The cause of death remains unknown and is still being investigated, a source familiar with the matter told The Post, adding that McIntosh was not in the office at the time of his passing.
In response to activists’ anti-DEI efforts against his company, the JPMorgan Chase CEO said to “bring them on.”